240 East Main Street Mt Vernon, KY 40456
Other Residential
MLS #: 25000510
Courtesy Of Weichert Realtors Ford Brothers
$499,000
0.35 acres
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Estimated monthly payments:
$2,181/mo.* (recalculate)
Property InformationDescription
Prime Rental Investment Opportunity in the Heart of Mount Vernon
Looking for a lucrative investment in a prime location? This 5-unit apartment complex being completely rented and located on Main Street in the heart of Mount Vernon is a rare find!
Property Features:
3 Units: 1 Bedroom, 1 Bath
1 Unit: 2 Bedrooms, 1 Bath
1 Unit: 3 Bedrooms, 1 Bath
Full basement currently rented, with potential to convert into a large apartment or office space for added income.
Central heat and air, plus City water and sewer services provide convenience and reliability.
A large, completely fenced-in backyard, perfect for tenants seeking outdoor space.
A spacious blacktop parking lot offers ample parking for all residents.
Prime Location:
Situated on Main Street, this property is in the heart of town, offering tenants easy access to local shops, restaurants, and amenities. This desirable location ensures low vacancy rates and steady rental income.
With its versatility, prime location, and untapped potential in the basement, this property is a fantastic opportunity for seasoned investors or those just starting their real estate journey.
Looking for a lucrative investment in a prime location? This 5-unit apartment complex being completely rented and located on Main Street in the heart of Mount Vernon is a rare find!
Property Features:
3 Units: 1 Bedroom, 1 Bath
1 Unit: 2 Bedrooms, 1 Bath
1 Unit: 3 Bedrooms, 1 Bath
Full basement currently rented, with potential to convert into a large apartment or office space for added income.
Central heat and air, plus City water and sewer services provide convenience and reliability.
A large, completely fenced-in backyard, perfect for tenants seeking outdoor space.
A spacious blacktop parking lot offers ample parking for all residents.
Prime Location:
Situated on Main Street, this property is in the heart of town, offering tenants easy access to local shops, restaurants, and amenities. This desirable location ensures low vacancy rates and steady rental income.
With its versatility, prime location, and untapped potential in the basement, this property is a fantastic opportunity for seasoned investors or those just starting their real estate journey.
Features
- Age: 41-50 Years Old
- Amenities: Dock
- Architecture Style: Other
- Cooling System: Heat Pumps
- Heating System: Heat Pump
- Lot Size: 0.35 Acres
MAP & DIRECTIONS
School Information
240 East Main Street, Mt Vernon, KY 40456
Elementary School
Grades PK-5 |
Public School
MT. VERNON ELEMENTARY SCHOOL
Mount Vernon, KY 40456
530 Williams St
606.256.2953
Distance: 0.5 mi
School Rating
D-
Student:Teacher Ratio
12:1
Total Students
580
Middle School
Grades 6-8 |
Public School
ROCKCASTLE COUNTY MIDDLE SCHOOL
Mount Vernon, KY 40456
945 W Main St
606.256.5118
Distance: 1.1 mi
School Rating
C-
Student:Teacher Ratio
16:1
Total Students
645
High School
Grades 9-12 |
Public School
ROCKCASTLE COUNTY HIGH SCHOOL
Mount Vernon, KY 40456
1545 Lake Cumberland Rd
606.256.4816
Distance: 1.6 mi
School Rating
C-
Student:Teacher Ratio
17:1
Total Students
804
| Other Nearby Schools | Distance | Type | Grades | School Rating |
|---|---|---|---|---|
| Rockcastle Academy For Academic Achievement | 1.2 mi | Public | 7-12 | |
| Rockcastle County Area Technology Center | 1.6 mi | Public | 8-12 | |
| Brodhead Elementary School | 5.8 mi | Public | PK-5 | C |
This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.
Demographic Data
Mount Vernon, KY 40456
| Median Age: | 44.9 |
|---|---|
| Married: | 45% |
| Number of Households: | 3,570 |
| Households with Children: | 33.8% |
Mount Vernon, KY 40456
Demographic Data
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Occupancy Types
- 0 Vacant
- 0 Owned
- 0 Rented
-
Transportation to Work
- 0 Drive
- 0 Public Transportation
- 0 Walk / Bike / Other
- 0 Work at Home
Copyright © 2025 Lexington-Bluegrass Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
